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  1. #1
    Join Date
    May 2007
    Location
    Atlanta area
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    2,593

    US Debt to GDP Passes 101%

    Vacuum Technology:
    CRUD = Contamination Resulting in Undesirable Deposits.
    CRAPP = Contamination Resulting in Additional Partial Pressure.

    Change your vacuum pump oil now.

    Test. Testing, 1,2,3.

  2. #2
    Join Date
    Feb 2009
    Location
    Canada
    Posts
    6,876
    What scares me more is that you are not the only card that this house is built on.
    Never argue with a fool, onlookers may not be able to tell the difference. —Mark Twain

  3. #3
    Join Date
    May 2007
    Location
    Atlanta area
    Posts
    2,593
    Vacuum Technology:
    CRUD = Contamination Resulting in Undesirable Deposits.
    CRAPP = Contamination Resulting in Additional Partial Pressure.

    Change your vacuum pump oil now.

    Test. Testing, 1,2,3.

  4. #4
    Join Date
    Apr 2007
    Location
    Kaufman county, Texas
    Posts
    10,247
    Quote Originally Posted by Space Racer View Post
    It sort of does not make sense to me. In this context: the wealthy have no debt, just poor people. So it makes me question the concept that we are really a wealthy nation.
    "You boys are really making this thing harder than it has to be". Me

    "Who ARE you people? And WHAT are you doing in my SWAMP!?" Shrek

    Service calls submitted after 3PM will be posted the next business day.

    I give free estimates [Wild Ass Guesses] over the phone.

    "I am sorry for interrupting, please continue with your quarreling" Some chick on TV

  5. #5
    Join Date
    Feb 2009
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    Canada
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    Quote Originally Posted by Space Racer View Post
    Yeah but you have more rich people than Greece so it is not an equal comparison.
    Never argue with a fool, onlookers may not be able to tell the difference. —Mark Twain

  6. #6
    Join Date
    Sep 2005
    Location
    Texas
    Posts
    2,793
    what's the problem? are our printing presses out of ink or what?

  7. #7
    Join Date
    Apr 2007
    Location
    Kaufman county, Texas
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    10,247
    Quote Originally Posted by printer2 View Post
    Yeah but you have more rich people than Greece so it is not an equal comparison.
    As Americans we are wealthy by world standards, personal freedom and personal wealth. I fear our system of government has become dysfunctional to the point it is ready to dissolve. Seriously, look at Greece if you want but Rome is a better example.
    "You boys are really making this thing harder than it has to be". Me

    "Who ARE you people? And WHAT are you doing in my SWAMP!?" Shrek

    Service calls submitted after 3PM will be posted the next business day.

    I give free estimates [Wild Ass Guesses] over the phone.

    "I am sorry for interrupting, please continue with your quarreling" Some chick on TV

  8. #8
    Join Date
    Feb 2009
    Location
    Canada
    Posts
    6,876
    Quote Originally Posted by air2spare View Post
    what's the problem? are our printing presses out of ink or what?
    North Korea will pick up the slack.
    Never argue with a fool, onlookers may not be able to tell the difference. —Mark Twain

  9. #9
    Join Date
    Dec 2005
    Location
    California/Nevada
    Posts
    3,668
    we have already passed 105% of GDP since the "100" was announced a month ago.

    the only time in history the debt was nearly completely paid-off was when Jackson took control of the banks.

    the highest the debt ever hit was after WW2 when it reached 120% of GDP, Eisenhower came in and greatly reduced the debt.
    it CAN be done, but we need to start placing radical Americans in government.
    we know what will happen if we vote status-quo.

    currently , we have too many fools electing fools, and Americans don't want to face the fact there is a lot of people who would love to see America go bankrupt.

  10. #10
    Join Date
    May 2007
    Location
    Atlanta area
    Posts
    2,593
    Each Child Born Today Will Inherit $1.5 Million Worth Of National Debt:

    http://weaselzippers.us/2012/02/22/s...national-debt/


    Calculate your share of the national debt:

    http://budget.senate.gov/republican/.../national-debt
    Vacuum Technology:
    CRUD = Contamination Resulting in Undesirable Deposits.
    CRAPP = Contamination Resulting in Additional Partial Pressure.

    Change your vacuum pump oil now.

    Test. Testing, 1,2,3.

  11. #11
    Join Date
    Jan 2009
    Location
    Keokuk, IA
    Posts
    5,520
    Quote Originally Posted by Space Racer View Post
    Each Child Born Today Will Inherit $1.5 Million Worth Of National Debt:

    http://weaselzippers.us/2012/02/22/s...national-debt/


    Calculate your share of the national debt:

    http://budget.senate.gov/republican/.../national-debt

    I'd like to conversely see a calculator for the amount of debt generated by each generation in today's dollars. Maybe show it for the periods where that generation turns 18 and can vote. At some point all you can really do is point fingers at the people that voted in the representatives that generated all that debt.

    I also find it interesting that the poeple in control are older and therefore will likely not live to see the consequences of the actions they take. All they care about is getting re-elected, rather than truely leaving a long term legacy.

    Maybe rather than a minimum age, we need a maximum age for service in congress and president. All this wodnerful experience has just made for highly skilled career politicans, not people that make good informed decisions.

  12. #12
    Join Date
    May 2007
    Location
    Atlanta area
    Posts
    2,593
    The ratio was approximately 64% until Obama took office.

    http://www.tradingeconomics.com/unit...nt-debt-to-gdp
    Vacuum Technology:
    CRUD = Contamination Resulting in Undesirable Deposits.
    CRAPP = Contamination Resulting in Additional Partial Pressure.

    Change your vacuum pump oil now.

    Test. Testing, 1,2,3.

  13. #13
    Join Date
    Dec 2011
    Location
    Northeast PA
    Posts
    209
    Quote Originally Posted by air2spare View Post
    what's the problem? are our printing presses out of ink or what?
    yup, it's all toner now.

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